More Than Half Of Obamacare Co-Ops Are Closing…

DSpeeGal

Loves Spam
Joined
Oct 30, 2015
Posts
783
More Than Half Of Obamacare Co-Ops Are Closing…

2015 obamacare

Womp Womp Womp …

Via FreeBeacon:

More than half of the 23 co-ops created under Obamacare are closing, the Associated Press reported.

Arizona’s co-op Meritus Health Partners and Michigan’s Consumers Mutual Insurance went out of business this week, adding themselves to the 10 that have already failed including co-ops in Utah, Kentucky, New York, Nevada, Louisiana, Oregon, Colorado, Tennessee, South Carolina and a co-op that served both Iowa and Nebraska.
 
Will Democrats complain loudly about the cost of this failure?

;)

At least in Iraq, Bush handed over a stable country to Obama. What he did with it was what we expected him to do with it, the ol' Pontius Pilate...
 
speaking of socialist

Bee Sanders said we should keep oil and gas in teh GROUND:rolleyes:
 
Oh no! The bad idea that replaced an actual public option is failing? Who woulda thought it? :rolleyes:

But let's look at reality here. I know, I know, this is new ground for you DizzyBooby. Cap'n Hypocrite, hold onto your hat.

Co-ops were never a good idea, and their bankruptcies really are causing a lot of grief for the people who had signed up with them. Still, in the middle of all of this, it's worth pointing out what we're really talking about:

Roughly 500,000 co-op customers will have to switch insurance plans.
That's out of 30 million people who already switch insurance plans each year (mostly against their will). About 68 percent are forced to switch because they changed jobs or their employer decided to change carriers. Another 16 percent switched because their plan was too expensive. Less than 10 percent switched because their new plan offered better service.

And because of Obamacare, co-op customers can shop for a new plan pretty easily.
The bottom line is that instead of 30 million people switching plans, about 30.5 million will switch plans next year—and they'll be able to do it more easily than they could in the past.

It's a headache, but hardly the catastrophe that Republicans are trying to make it out to be.
 
I know, reality doesn't back up your Doom and Gloom™. :D

Sucks to be you. Now I'm off to enjoy a relaxing day of lounging around the house and playing some Destiny. I might check in on your flailing if I get bored. But don't count on it.
 
I know, reality doesn't back up your Doom and Gloom™. :D

Sucks to be you. Now I'm off to enjoy a relaxing day of lounging around the house and playing some Destiny. I might check in on your flailing if I get bored. But don't count on it.

STFU, you mentally ill fool!
 
Back
Top